Word: divesting
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Kicking off a week of protest that will culminate with a mass rally and 24-hour vigil, nearly 30 demonstrators from the Law School yesterday marched on Massachusetts Hall and called for Harvard to divest of all as stock in companies which do business in South Africa...
SEVEN YEARS AGO, 3500 students filled Harvard Yard, carrying torches, pickets and bullhorns, dreading that Harvard divest of its stock in corporations that do business in South Africa. Hundreds of people camped out on the steps of University Hall. Activists swarmed around President Bok when he crossed the Yard, refusing to let him into his Massachusetts Hall office and forcing him to set up shop in Holyoke Center...
...these companies fail to sign or live up to the policies, Harvard enters into so-called intensive dialogue with them, demanding to see if they are working "seriously" to institute reform. If they refuse to give such information, Harvard will divest of the stock. Last month, Harvard announced the first instance in which it had divested of a stock because the company failed to provide such information, and also announced that, after pressing them, 11 companies had adopted Harvard's ethical standards for their South Africa dealings...
SASC rally coordinator Evas O. Grossman '87 says that the movement wasn't able to develop as bread a beer as broad during the scenes" effects. "On the one hand, we suceeded in getting the ACSR to recommend complete divestment. On the other hand, fewer students were made aware of the goals and principles behind calling for total divestment. This year, while we will plan to put large amount for pressure on the University through the Endowment for Divestiture, we also feel it's very important to educate students as to why we feel Harvard should divest...
...represents another important step on the road to ending apartheid in that country. Now I challenge Harvard University to take the leadership on this issue, as Harvard University has on so many issues of concern to educational institutions in the past. To take this leadership the University must completely divest from all those companies doing business in South Africa, for only complete divestiture is a realistic response to United States corporate involvement in that country. From both a moral and a practical point of view it is the only thing...